CARSON CITY, NV–(Marketwire – March 12, 2010) – Friendly Energy Exploration (PINKSHEETS: FEGR) is pleased announce that the company has sold its first shipment of oil after about a month’s delay due to inclement weather. This is a significant milestone for the company. The company has worked hard this past month working out the logistics and preparing the equipment to begin weekly sales of oil. Douglas Tallant, President and CEO, stated, “We are now generating revenue from production and with this cash flow we expect to accelerate our production plan. This first oil came from our Panther Creek lease and we are building a new tank farm on the Byler lease. We purchased two 210 barrel tanks with all the needed equipment so we can start production on the Byler lease.”
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